HK-based Evergreen's $1.28b tourism-focused fund to allocate 20% for Malaysian investments

HK-based Evergreen's $1.28b tourism-focused fund to allocate 20% for Malaysian investments

Commercial towers at the financial Central district are seen behind a lion decoration in Hong Kong, China January 5, 2016. REUTERS/Bobby Yip

Hong Kong based private equity (PE) firm Evergreen Offshore Inc has pegged the size of its tourism-focused “Asia Pacific One Belt One Road Tourism Industry Fund” at $1.28 billion of which nearly 20 per cent would be allocated for investments into Malaysian firms.

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